Energy Trading & Risk Management Solution: 10-Week Implementation

Introducing Energy Trading & Risk Management Solution by Celebal Technologies, a unified platform designed for efficient decision-making and risk management in trading. This advanced solution features a pre-built framework that provides real-time market predictions directly on the user interface, complemented by an integrated chatbot that delivers instant updates and alerts on price-impacting news. By harnessing a powerful tech stack comprising Azure Data Factory, Azure Data Lake Storage, Azure Machine Learning, Function App, Azure Kubernetes Service, Blob Storage, Power BI, DevOps, and SQL DB, this solution addresses critical business challenges like forecasting market trends, optimizing trading decisions, and gaining insights into market volatility. As a result, it enhances trader efficiency by 35-45% and improves forecast accuracy by 10-30%. Ideal for energy traders, market analysts, risk managers, and energy planners seeking to stay ahead in the competitive energy market.

In a 10-week implementation of the Energy Trading & Risk Management Solution, we commence with Requirements Gathering and Planning, followed by Data Collection and Preparation. Our approach includes Model Development, where we train and register advanced forecasting models such as DeepMC, TFT, and DARTS. Utilizing multiple data sources, we conduct exploratory data analysis (EDA), feature engineering, and develop tailored forecasting models. For Model Deployment, we integrate with various data sources, establish DevOps pipelines, and deploy models for real-time predictions to traders, including setting frequencies for model re-training. Additionally, we develop a comprehensive real-time UI that features price predictions for upcoming days, an interactive chatbot, and news alerts with summaries impacting prices.

Key Features: • Optimized Trading Strategies: Advanced AI analyzes and predicts market trends, enabling traders to make data-driven decisions. • Integration with the Existing ETRM System: Seamlessly integrates with the existing trading platform and learns from market patterns. • Real-Time Market Insights: Empower traders with real-time data and recommendations to refine strategies, enhancing market positioning and performance.

Ready to revolutionize your energy trading and risk management? Experience the power of AI-driven insights with our 10-week implementation. Contact us today!